ChillShorts聚焦优质短剧的实时收看及订阅服务。ChillShorts及其合作伙伴拥有海量短剧资源，覆盖多 样化类型的优质内容，更创新引入"与剧中角色互动聊天"功能。Chillshorts平均日活跃用户(DAU)已突 破10万，核心用户广泛覆盖日本、韩国、美国及东南亚等多个主流市场。 收购事项符合本集团通过收购拓宽海外市场的战略。本次收购将深度融合本集团于在线营销解决方案领 域的领先能力、内容合作方的优质内容储备以及该平台所打造的沉浸式观剧体验，为海外用户带来全新 体验。本次收购将拓展本集团的业务边界及新的创收渠道，为本集团的业务创造长期增长价值。 智通财经APP讯，优矩控股(01948)发布公告，于2025年11月14日，本公司与营运CHILLSHORTS SHORT DRAMA PLATFORM(ChillShorts短剧平台)的实体的股东(卖方)订立股权转让协议，本公司同意 收购，而卖方同意出售目标实体的100%股权。于收购事项完成后，目标实体将成为本公司的附属公 司，而目标实体的财务业绩将并入本集团的综合财务报表。 ...

Core Viewpoint - The recent financial report from Chinese Online reveals that its subsidiary, ReelShort, has faced significant losses despite the booming overseas short drama market, indicating a challenging environment for profitability in this sector [2][4][6]. Group 1: Financial Performance of ReelShort - In the first half of 2025, ReelShort generated revenue of 2.756 billion yuan, but incurred a loss of 46.5115 million yuan [2][4]. - Compared to the same period last year, where revenue was 1.087 billion yuan and net profit was 22.93 million yuan, ReelShort's current performance reflects a shift to a "loss-making" business model [4]. - Despite the losses, ReelShort maintained its market share, with a net revenue of 207 million USD, a 176% increase from 74.98 million USD in the same period of 2024 [18][19]. Group 2: Market Dynamics and Growth - The overseas short drama market has seen explosive growth, with total in-app purchase revenue reaching approximately 1.079 billion USD, a year-on-year increase of 158% [9]. - Download volumes for short drama apps reached 665 million in the first half of 2025, nearly six times that of the same period in 2024 [10]. - The number of new overseas short drama apps launched in the first half of 2025 was over 100, bringing the total to 343 apps by July [13][14]. Group 3: Competitive Landscape - New entrants like NetShort and DramaWave have rapidly ascended in the market, with NetShort achieving top 5 status in in-app purchases and DramaWave reporting revenue of 583 million yuan in the short drama sector [30][31]. - DramaWave's success is attributed to its hit series and aggressive marketing strategies, leading to significant user engagement and revenue growth [32][33]. - The emergence of these platforms indicates that there are multiple pathways to success in the rapidly expanding overseas short drama market, beyond the traditional leaders [33].